Corporate social responsibility (CSR) should not be made mandatory for companies, Sunil Mittal, Chairman of India’s telecom giant Bharti Airtel, said. Voluntary compliance are always better than forced, companies who do not want to do it forcefully
Corporate Affairs Minister Salman Khurshid said that the committee had made general endorsements to the ministry’s proposals in the Companies Bill 2009, from which the MCA would now have to formulate specific legislations.
The Standing Committee on Finance (SCF) in its Twenty-First Report, presented to the Parliament recently, has expressed the desire that all the significant and substantive matters included in the Corporate Governance Voluntary Guidelines 2009 and the Listing Agreement prescribed by SEBI may also be mandated for listed companies and considered for inclusion appropriately in the Bill. For unlisted companies, the Guidelines may remain voluntary, SCF has said in its Report.
TWO INCIDENTS in a fortnight have taken further wind out of the sails of Pricewaterhouse Coopers India (PwC). The first was market regulator Securities and Exchange Board of India (SEBI) getting the Bombay High Court’s nod to probe allegations of irr
Company Names starting with September 2010 October 2010 November 2010 Alphabets A to D All days during the month 1st Oct to 05 Oct 2010 1st Nov to 05 Nov 2010 Alphabets E to K -do- 6th Oct to 10th Oct 2010 6th Nov to 10th Nov 2010 Alphabets L to Q -d
With reference to the announcement dated 05.07.2010 in the cited subject, this is to inform that the Ministry of Corporate Affairs has decided to extend the registration process for a further period of 3 months from 1st September 2010.
The provisions of the Companies Bill are set to bring the Securities & Exchange Board of India (SEBI) and the ministry of corporate affairs (MCA) in conflict with each other in a number of areas such as insider trading, independent directors
Corporate Affairs Minister Salman Khurshid today exuded confidence that the revised Companies Bill will be tabled in Parliament by the Budget session at the latest. We are trying to bring it (Companies Bill) in the Winter session,
Foreign institutional investors (FIIs) can breathe easy with the Direct Taxes Code (DTC) Bill, 2010 proposing that their income be taxed as capital gains rather than business income. Opinion is divided on whether this will end the uncertainty over FI
The powers of the Central Board of Direct Taxes (CBDT) have been reinstated in the Direct Taxes Code (DTC) Bill. The first draft of DTC had proposed to strip the board of its powers to issue certain communications and restricted its role to merely a
